BTC Miners Are Worried About Bitmain’s New Mining Rigs

Australia: Police Mistake Bitcoin Mining Rigs for Marijuana Grow-Op in Botched Raid

Australia: Police Mistake Bitcoin Mining Rigs for Marijuana Grow-Op in Botched Raid submitted by BitcoinMafia to CryptoCurrencies [link] [comments]

Australia: Police Mistake Bitcoin Mining Rigs for Marijuana Grow-Op in Botched Raid

Australia: Police Mistake Bitcoin Mining Rigs for Marijuana Grow-Op in Botched Raid submitted by BitcoinMafia to BitcoinMining [link] [comments]

Australia: Police Mistake Bitcoin Mining Rigs for Marijuana Grow-Op in Botched Raid

Australia: Police Mistake Bitcoin Mining Rigs for Marijuana Grow-Op in Botched Raid submitted by BitcoinMafia to bitcoin_uncensored [link] [comments]

Australia: Police Mistake Bitcoin Mining Rigs for Marijuana Grow-Op in Botched Raid

Australia: Police Mistake Bitcoin Mining Rigs for Marijuana Grow-Op in Botched Raid submitted by BitcoinMafia to Bitcoin_News [link] [comments]

Australia: Police Mistake Bitcoin Mining Rigs for Marijuana Grow-Op in Botched Raid

Australia: Police Mistake Bitcoin Mining Rigs for Marijuana Grow-Op in Botched Raid submitted by cryptoallbot1 to cryptoall [link] [comments]

Australia: Police Mistake Bitcoin Mining Rigs for Marijuana Grow-Op in Botched Raid

Australia: Police Mistake Bitcoin Mining Rigs for Marijuana Grow-Op in Botched Raid submitted by BitcoinMafia to CryptoCurrency [link] [comments]

Australia: Police Mistake Bitcoin Mining Rigs for Marijuana Grow-Op in Botched Raid

submitted by BitcoinMafia to Crypto_General [link] [comments]

I am building a super bitcoin mining rig here in Australia, what do yall think?

I am building a super bitcoin mining rig here in Australia, what do yall think? submitted by bitcoinbeast to BitcoinAUS [link] [comments]

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submitted by hagvu007 to u/hagvu007 [link] [comments]

In 2012 a Possessed Couch Told Me To Murder My Friends

Part 1, Part 2
As I walked through the IKEA showroom I felt distressed. I wanted to sit down, I needed to sit down, but all of the couches around me looked like they would cause me severe back pain. They were lit up with fancy lights and smelled faintly of disinfectant, the whole showroom felt like the world’s fanciest hospital. I desperately searched among the rows for something that would make me comfortable, but my search seemed hopeless. I walked around aimlessly, until, as if by divine intervention, I noticed a maintenance room in the corner of the showroom.
As I opened the door a cloud of smoke escaped the abyss that hid beyond. The darkness before me beckoned, ‘Come here Tiger,’ it whispered. I walked into the hallway. The door behind me closed.
As I journeyed through the corridor the smoke grew more intense, but so did my certainty that I would find what I was looking for. At first it was only my footsteps that echoed through the darkness, but as I walked on I could hear a far off radio playing. A familiar song by the Stones grew louder as I approached a room at the end of the hall. Yet the music was soon joined by sobs. Someone was crying.
A fluorescent light bulb crackled in and out of life, yet it was strong enough to illuminate the small room. A dark haired man in a worker’s uniform sat by the edge of a familiar couch as he finished off stitching the last bits of its flowery upholstery. He wept as he pulled out the thread and needle. His face was caked in grime, but the tears created two clear lines down his cheeks. When he saw me he wiped away his tears and got up. The man composed himself, lit a cigarette and walked over to me. He gave the couch one last look, but it wasn’t a look of sorrow, it was a look of pride. The man looked back at the couch as if he had just walked his daughter down the isle. Then he motioned towards it. ‘Come here Tiger, I’ve been waiting for you,’ the couch growled with sex in its tone.
I stepped towards the couch. The electricity in the air was back and stronger than before. ‘I can make your wildest dreams come true Tiger. I can make you believe in a heaven. All you have to do is fuck me.’
I reached out for the couch, all of my nerve endings tingled with anticipation. I was millimeters away from nirvana. The universe had its gaze set on me and was about to reveal all of its secrets but then-
My hand started to shake. It was gentle at first but soon the convulsions spread through my arm. Within moments I was down on the floor, my body throwing itself from side to side uncontrollably. The light bulb grew bright with a deafening scream. The world was crumbling at its axis. POP! The room was plunged into darkness.
“James? James, wake up,” Karl’s shadow stood above me. It was early morning; the room was still dim with dawn. Karl held two cigarettes in his hands, “We should go have a cigarette, friend.”
I was horribly dazed; his words didn’t make a lick of sense. The only thing that seemed understandable was the voice in the back of my head, ‘Don’t listen to him Tiger, he wants to take me away from you. Don’t let him get between our love.’ I stirred on the couch. My fingers were deep in the upholstery. “I don’t feel like smoking right now Karl.”
Karl didn’t move. “James, we have to take the couch outside. It doesn’t belong in this house anymore. You and me should also have a cigarette, we need to talk.”
‘He wants to hurt me Tiger, don’t let him hurt me, do something. He has to be stopped.’ I yawned and tried to look as sleepy as possible but Karl’s eyes stayed on me. “Mind if I nap for like fifteen more minutes?” I asked.
“James,” he started. His voice was cold, “We need to take the couch outside. We need to talk.”
I waited for the voice in my head to tell me what to do but it fell quiet. I was abandoned. “Okay, fine, no better way to start a morning than a bit of furniture moving and a smoke.” I lumbered off of the couch, put on my pants and reached for one end of the couch.
“What’s wrong with your hand?” Karl asked. I looked down. My fingers were covered in a thick layer of red, as if I had spent the whole night eating Cheetos. They were also bloated; my nails looked comically small nestled in between thick puffs of red flesh.
I waited for the couch to tell me what to do, but it still kept quiet. “I dunno, spent a good amount of time outside without gloves,” I finally said. Karl looked over at my other hand, my perfectly normal hand that didn’t spend the night inside of the couch, but he didn’t say anything. We carried the couch outside in silence.
It was oddly warm outside. There were still small piles of snow spread through the yard but the neighborhood looked more like a muddy war zone rather than a winter wonderland. The couch remained silent until we dropped it off in the middle of the backyard. ‘There’s a knife in the kitchen, Tiger,’ it whispered.
Karl lit up his cigarette and offered me the lighter. “I forgot my coat, give me a sec,” I said. I walked back into the apartment to fetch it. I went past the kitchen.
When I walked out of the apartment Karl was standing far off from the couch. He didn’t register me walking out; his attention was purely focused on the mysterious furniture. Something was going on behind those small eyes of his. My bloated hand was shoved deep into the coat of my pocket. ‘You know what to do Tiger,’ the voice whispered, ‘He wants to take me away from you, but you can stop him. Be my hero Tiger, be my hero and I will bring you incomprehensible pleasure.’ I walked towards Karl. I was shaking. “Want to sit?” I finally asked, dragging his attention away from the couch.
Karl motioned towards the lawn chair, “You can sit if you want to.” He lit up my cigarette. ‘One clean cut Tiger, he won’t see it coming, one clean cut through his throat.’ I didn’t sit. Karl’s eyes drifted back towards the couch. “There is something wrong with that couch James,” he started.
“I was nervous yesterday. Maarja’s parents have always been very critical of me. They think I am strange. Whenever I meet them they talk to me like I have escaped from a mental asylum, like there is something wrong with me. But yesterday was different James. Yesterday they made an effort. Maarja’s mother complimented me on my tie and her father was willing to look in my eyes while we talked. During lunch he asked me about my financial plans. I told him about Bitcoin,” Karl smiled, “Maarja’s father became very excited. He heard about crypto-currency from his coworkers, but he did not understand it. I explained it to him. He was so impressed that he asked to see how everything works. He invited himself over to our apartment. Things were going well. I saw him smile. I thought things would continue going well.” Karl paused, his eyes drifted back to the couch. “Things did not go well.”
“When we arrived at the apartment Maarja and her mom stayed outside for a cigarette. I went inside with Maarja’s father to show him the computer rig. He has heard enough about crypto to know that it is going to lift off. I wanted him to see that in a couple of years I would be able to provide for a family. I wanted to ask him if he would… You know…” Karl’s voice dropped to a whisper, “Let me marry his daughter.” He took another puff and shook his head, “But we didn’t get past the living room.”
“As soon as he saw the couch he stopped. He stood there, frozen, looking at the furniture. I tried talking to him but it was as if he didn’t hear me. For almost a minute he stared at the couch and then he jumped on it and started…” Karl trailed off; he looked back at the couch. An expression of utter disbelief danced around his face but he struck it down. Karl looked square into my eyes, “Maarja’s father jumped on the couch and started to hump it.”
Even through the numbness of my fingers I could feel the pointed edge of the kitchen knife. ‘Do it Tiger, do it for me. Don’t let him tell you his lies. Kill the freak. One clean cut. The loud whore inside is still asleep; she’ll be easier to get rid of. Do it Tiger, do it so we can be together forever.’ I cleared my throat, “Humping?” I asked?
“Humping,” Karl replied, “He humped the couch with all his energy. I tried to get him to stop but he wouldn’t listen to a word I said. He just kept on pressing himself against the couch like it was some long lost lover. I left when he started to take off his pants.
“I went outside to get Maarja and her mom. I told them something was wrong with Maarja’s dad and that they needed to come inside right away. At first they didn’t understand, they kept on asking questions. Could they not finish their cigarettes? What was specifically wrong? Why was I so panicked? They were oblivious, but as soon as I mentioned the couch. James, as soon as I mentioned the couch something sparked in Maarja’s mom’s eyes. She ran inside of the apartment, cigarette still in her hand and dragged him out.
“Remember how angry she was when she caught you and Saale the night after the party? Remember how we would joke about how crazy she was about the couch? James, the anger I saw yesterday was nothing compared to that. Maarja’s mother was furious. She slapped and hit Maarja’s dad until he was out of the apartment. She threatened him with divorce. She kicked and punched the man and then locked the door on him so he couldn’t come back.
“She said that Maarja’s dad was obsessed with the couch when they started dating, that the scars on his face are from rubbing against the cushioning. The only way that Maarja’s mom and her grandma managed to get her dad back to normal was by hiding the couch while he went out to do his military service. After he came back he kept on searching for it, he kept on demanding that the couch be returned, but over the years he gave up. That’s why Maarja’s mom wanted us to burn the couch when she saw it. That’s why she demands we burn it now.
“There’s something wrong with that couch James. I sat on it last night while you and Maarja were talking outside. There is something horribly rotten about that couch. As I sat there I could feel it probing in my brain, trying to grab onto something, it was as if the couch was trying to find pain that it could use; pain that it could feed off of. We have to burn it.”
‘SLIT HIS THROAT!’ The voice boomed in my head, ‘SLIT HIS THROAT AND THEN SLIT HER THROAT AND THEN COME TO ME!’ I could feel my arm getting ready. I could already see the blood streaming through his beard. I kept on trying to remind myself that Karl is my friend, that I didn’t want to hurt him, but every fiber of my being was being dragged towards murder. I took a step back. “Can… Can we burn it after New Years?”
“Are you okay?” Karl’s face suddenly turned concerned, “You look pale James.” I took another step backward. ‘A SINGLE SLICE TIGER, HE WON’T SEE IT COMING.’
“I…” my legs turned to jelly, I leaned up against the wall. I wanted to take my hand off the knife, I desperately wanted to be as far away from a weapon as I could be, but my hands refused. Murder jumbled my mind, images of death and pleasure and the couch filled my vision. “I don’t think I’m okay.”
Karl took a step forward. He planted his hand on my shoulder. ‘JUST DO IT YOU COWARD, JUST DO IT! DON’T LET HIM GET IN THE WAY OF OUR LOVE!’ He sighed, “Is this about Saale?”
“Yes,” I found myself saying, “The couch smells like her. I… I’m such a mess Karl. I don’t know how to get over this. I just want to be back. I want to be in high-school again and I want the four of us to be together again and I want to drink every night and…” I realized I was crying again. ‘Coward,’ the voice whispered.
Karl looked at me, visibly feeling awkward. His brow furrowed as he tried to figure out what to say. “We can still drink every night,” he finally said, offering up a weak smile. I couldn’t even manage a smile back. He frowned and thought for a bit more before he spoke again. “James, life is sometimes bad and sometimes it is good. Things will not change, Saale will not come back, but if you wait long enough things will get better. You will forget, you will feel better. I am not good with words, but I am good with waiting. Me and Maarja will wait with you until you are better.”
My hand slipped out of my pocket. It was empty. “Thank you Karl,” I said. ‘You’re a coward,’ the voice reminded me. The pieces started to fall together. The voice, the rat, the dreams, Maarja’s dad; there was something wrong with that couch. It needed to go. Yet there was still a part of me that couldn’t handle seeing it burn. I needed time to prepare. “You’re right about the couch. There’s something off about it but… Could we wait until after midnight to burn it?”
Karl studied me. “Why?”
“It’s silly, I know, but I think getting rid of the place where me and Saale had our first night would be a good start to the New Year, like a way to let things go.” Karl considered this idea for a bit and then nodded. It felt like a burden was lifted.
Maarja joined us outside after a couple of minutes with coffee. The warmth of the cup felt soothing on my irritated skin. Being with the two of them felt soothing to my irritated soul. Suddenly things started to brighten. Saale and me would never be back together, hell, maybe I would never see her again, and that thought stung but while I was in the company of Karl and Maarja it felt manageable. We set up plans for the rest of the day; by the looks of it our last day of 2012 would be filled with walks through old places, kebabs and booze. We sat down in the kitchen for some pre-drinking.
I put the knife where it belonged when no one was looking. The time that it had spent in my pocket felt like a fever dream. Anything related to the couch felt like a distant memory. The whole morning the voice had been silent, as if it had just satiated itself with calling me a coward and decided to abandon me. I returned the favor; even though it was right outside of the window I didn’t look at the couch a single time the entire morning. It was dead to me. In fact, I started to doubt whether it was ever alive to begin with.
Yet as we headed out to town I couldn’t help myself. I looked back at the couch. It stood defiantly in the middle of the backyard, snow and mud all around it. This was not the same dusty couch Karl and me had dragged out of the garage. It was comfy looking, clean, even sleek. As Karl and Maarja walked on I could see the upholstery rumple into a wink. ‘We’re not done Tiger,’ the voice faintly whispered in my mind, ‘Not by a long shot.’ I ignored it and went out with my friends.
We traced through our high-school drinking holes. Tallinn’s nightlife was always shifting around. Waiters and bartenders from Australia would sit at home, save up their money and run into the Baltics to buy a bar. The bar would be a financial trash fire and in under a year they would go broke. Yet the money that the expats blew on their dreams burnt bright, the names and owners of the bars might have changed but the memories that we made within those walls stayed. We went through the shisha bar where I would always celebrate my birthdays, the Karaoke place where Karl blew all of our minds, the hole-in-the-wall where our band had its first gig. We hoped from memory to memory until we ended up in the grand melting pot: Hellhunt park.
By day Hellhunt was a pub with a park terrace. By night Hellhunt was a pub with an adjoining noise complaint. As soon as the terrace closed down teens from every corner of the city would crowd the benches of the park and drink. Even though most of our drinking began at Maarja’s place we would often stumble through here. Hellhunt was the place where our social circle would stretch.
“They will be closing it down soon,” Karl said, looking at the mingling crowd of underage drunks. “Neighbors are complaining about the noise.”
“Screw the neighbors!” Maarja drunkenly yelled at the windows. She was outpacing both of us, it wasn’t even ten o’clock and she was already drunk enough to forget the whole night. “If you don’t like the noise just come outside! Come drink with us!” Maarja yelled her offer to the windows. No one paid attention to her. Yelling was a regular occurrence in Hellhunt.
Maarja stumbled her way over to the bench where Karl and me were sitting and collapsed between us. “You guys hear about Tinder?” That night was the drunkest I had ever seen her.
“Tinder?” I asked.
“It is an application for your phone where you choose strangers to have sex with,” Karl said.
Maarja scoffed so hard she fell on my shoulder. “It’s a love app! It’s where strangers, strangers like James here, find love! What an exciting time to be single, you’re just given a list of people and you go ‘Beep! Boop!’ Next thing you know you’re married!” Maarja lifted her head. She looked in my eyes as an air of utter seriousness and rum drifted off her, “But I swear to god James, if you get married before me I’ll slit your throat.” She burst out into a stream of giggles, managing to spill her drink in the process. “Whoops! Looks like momma needs more jet-fuel.” Maarja staggered up to her feet and started falling down in the direction of the pub.
Karl got up and managed to catch her before she fell over, “I will come with you. James? You want anything?” I still had half a plastic cup of vodka sprite. The two lovebirds went into the pub and left me alone with the crowd.
I started to think about that Tinder thing that Maarja was talking about. Maybe she was right, maybe it was a good time to be single. I was in the country with the highest models per capita, I was a foreigner, I haven’t been in a serious relationship for six months. There was something about having two breakdowns in the past two days that flooded the obsession out of me. I started searching the crowd for someone I would have swiped right on. That’s when I saw her.
She was standing at the edge of a circle of people. Some dude with dreadlocks was telling some story and she was listening. Her hazel eyes drifted around. They caught mine. For a split second we held each other’s gaze. Then Saale broke into a sprint. I ran after her.
The Old Town of Tallinn is a lot less beautiful when you sprint through it. You can’t appreciate the medieval buildings when you’re in a mad dash, the cobbled streets definitely don’t help either. I ran after Saale as the city turned into a blur around me. My head spun as I ran past the buildings; old school field trips, karaoke, drunken trips to McDonalds, all those thoughts rumbled about. Yet above all of them there was one solitary thought that reigned supreme; I had to catch Saale. She ran with comical intensity, bumping into drunken crowds as she tried to get away from. It was as if an animal was chasing her. Seeing that panic in her face whenever she looked behind to see if I was gaining on her started to crack something in me. We ran out from the old town towards the two big malls. Crossing the road Saale nearly got hit by a tram. Something in me broke. I stopped.
The absurdity of it all hit me at once. I was literally chasing her. She didn’t want to talk to me. She wouldn’t talk to me. For a couple minutes I stood still, letting the celebrating crowds walk past me like I was a lamppost. I was wavering between rage and despair. I chose the latter and trudged my way back to Hellhunt.
Karl and Maarja were still sitting on the same bench. He was nursing another beer whilst Maarja was chugging on water insisting that she is just getting hydrated to do more drinking later on. It wasn’t rare to lose your friends at Hellhunt for thirty minutes; they didn’t ask where I disappeared to. They could tell something was off though. I tried to act cool, pretend that everything was fine but it wasn’t. I couldn’t stay there. I needed to go back to Maarja’s and just be alone.
“What? You can’t leaveeee! It’s New Years eveee!” Maarja groaned, she kept on touching my face as if that would put me in a more festive mood.
“Do you want us to come home too? I am sure we can see the fireworks from the back yard,” Karl finally said, “I think Maarja might benefit from lying down.” Maarja protested. She was basically sober after all.
“No I think I need to be alone right now.”
Karl studied me for a bit but finally nodded. “We will be back after the fireworks. There are some games on my computer if you get bored.” I appreciated the sentiment but I wasn’t in a mood for videogames.
Karl gave me the keys and I made my way back to Maarja’s place. I moved past the crowds heading towards the center. I prayed I wouldn’t bump into Saale again.
I rushed past the couch sitting in the backyard. I know couches don’t have eyes but I knew it was watching me. It was silently waiting for me to slip.
There was a half drank bottle of moonshine on the living room floor from our pre-drinking. Just like any nineteen-year-old European boy the prospect of booze to dull my sadness leaped out at me. I tried to wash out the sting of rejection with the alcohol and for a while it helped, it dulled the pain, but the drunker I got the more my eyes started to slide towards the window. The couch just sat out there in the backyard, mud all around it, awaiting execution.
‘I told you we weren’t done’ it whispered, ‘Come outside Tiger.’
I took another pull of moonshine. I realized I needed a cigarette.
-MJL
(Final part)
submitted by MikeJesus to nosleep [link] [comments]

Crypto mining as a business

Hello all,
I know the controversy over cryptocurrency* mining and not being reliable but I'm not here to talk about that, I'm here to ask a couple questions about mining as a business.
Now I say as a business because from my understanding that is what the ATO is going to classify the activity as.. A business.
So some questions I have then are
Do I need to register an ABN to mine? If so is it just as a sole trader? Which from my understanding the tax just gets included in my personal tax so I just need to be aware if/when I go into the next bracket Can I claim any expenses related to mining? I the cards and other hardware, electricity? And if I can claim these is there a guide on how much I can claim or what I will actually get from claiming?
Building off the last question, if I leave the bitcoin as bitcoin and only sell to pay for electricity and any parts to further upgrade my farm do I need to pay tax on what was converted and then claim it back and do I get it back?
Hopefully this makes sense and some of you can help with these points. I do want to do the right thing going through this but I want to cover everything so I'm not losing out on anything.
Thank you!
Edit: just to address the question of can you turn a profit in Australia at current rates: with 2 gtx 1080 ti cards the average power consumption is around 500 watts. Running at 24 hours per day you will pay roughly 150 per month in electricity. With thing rig you will mine between 500 - 650 per month using nice hash with an overclocked under powered setup on the cards. Obviously you can then scale it up to more cards or more rigs
Edit 2: I've changed it from saying mining bitcoin to mining cryptocurrency to clarify that I'm not mining bitcoin. I'm mining using nicehash which pays out in bitcoin.
submitted by ItsAViciousCircle to AusFinance [link] [comments]

Cryptocurrencies Poised to Finish the Day Positive, Bernstein Report Suggests Bitmain Market Position Deteriorating

Crypto News


Sources:
https://news.bitcoin.com/bitmain-unveils-new-18-terahash-water-cooled-bitcoin-mine https://bitcoinist.com/bitmain-cracks-monopoly-according-analysts/ https://www.coindesk.com/bittrex-partners-with-trading-firm-on-crypto-securities-offering/ https://www.newsbtc.com/2018/08/23/china-continues-its-crypto-crackdown-blocks-public-access-to-offshore-exchanges/ https://www.coindesk.com/hacked-crypto-exchange-bithumb-made-35-million-profit-in-first-half-2018/ https://www.ccn.com/boost-for-bitcoin-germany-aims-to-withdraw-from-us-led-financial-system/ https://cointelegraph.com/news/electronics-giant-lg-focuses-on-development-of-blockchain-ai-iot-with-branding-strategy https://www.coindesk.com/swedish-bank-inks-deal-to-offer-crypto-fund-trading/ https://www.coindesk.com/bitcoin-wallet-provider-receives-e-money-license-from-uk-regulato https://www.cryptoninjas.net/2018/08/23/bitcoin-wallet-app-company-wirex-granted-uk-e-money-license/ https://cointelegraph.com/news/uk-watchdog-grants-third-e-money-license-to-crypto-company https://www.coindesk.com/uk-government-pilots-blockchain-in-bid-to-secure-digital-evidence/ https://www.coindesk.com/uk-government-pilots-blockchain-in-bid-to-secure-digital-evidence/ https://cointelegraph.com/news/world-bank-and-australias-largest-bank-issue-bond-exclusively-through-blockchain
submitted by QuantalyticsResearch to CryptoCurrency [link] [comments]

Of Wolves and Weasels - Day 160 - DOGE4DOGE - That Awkward Phase

Hey all! GoodShibe here!
One of the key principles of the DOGE4DOGE campaign has been trying to help people remember to re-buy whatever Dogecoin that they spend and use.
I can see a whole lot of Dogecoin moving around, being given to charitable causes and whatnot but I do find myself wondering how much we're picking back up off of the exchanges once it's been dumped there.
Buy it, spend it/tip it, re-fill it.
And, yes, sometimes that's easier than others, getting into the process of buying Dogecoins can be a hassle -- especially when converting from Fiat. But considering that the vast majority of us collected here are already 'believers', taking the time to get yourself set up on an exchange (as we work to simplify the buying process) isn't all that much to ask.
Some simple ways to help contribute?
sh2003 just shared with me Cleanitsupply - a US-based company that allows you to buy home essentials (cleaning supplies and more) with Dogecoin.
This, unfortunately, only seems to serve the US - but it's a great start!
The more options we have, the more stores allowing us to buy actual, useful items (remember that request list that we built last week?) the better off we'll all be.
Find it, buy it, send your DOGEs, re-buy your DOGEs.
It's through actions like these that we can start to un-stick the gears and get our DOGEconomy rolling.
The big question, the sort of elephant in the room, that I'm sensing as of late -- especially as mining becomes more difficult -- is 'why am I converting fiat to Dogecoin if I'm just re-buying Dogecoin?'
One of the sort of interesting observations that I've had, especially as we see those early easily-gotten Dogecoin mining funds dry up from various outreach efforts, is that there's a sort of real hesitation to spend 'real' money on Dogecoin.
Again, not a criticism, just an observation.
What it puts forward is this idea that, well, it's a lot easier to spend free money. Now, to be fair, it's a criticism that's been shared amongst pretty much every other coin as well, but it's one thing that seems to be coming more pronounced with Dogecoin. I'm thinking it's because the halvenings are so frequent, the coin supplies hit so hard at first and then, well, halved -- again and again -- it made it harder for people to re-supply themselves for 'free'.
Now that it's starting to cost 'real' money to get involved, for the average person, it's not as attractive. Especially as we've yet to find our own 'killer app' that you MUST have Dogecoin to use.
This is, well, it's a symptom of our 'awkward teenage years' so to speak. You know that fun part of puberty where things don't always seem to be growing at the same rate -- some things look lop-sided and/or gangly and/or 'different'. We're in that phase where we're in the process of growing up to be whomever we're going to be as an internet currency.
Now's the time for us to get out there and get active, start working on that financial six-pack, maybe read some great books so that we'll have something interesting to talk about when other currencies come calling.
Because, like puberty, it's a fine balance of internal and external growth. The work done now can, quite literally, re-shape how you look and feel and interact with the world as an adult.
And, well, adulthood for us... it's not that far off. We're right in the middle of a metamorphosis... and big things are coming our way.
It's something we all just have to make our peace with and ride through, together.
But, since we're here, grab some DOGEs and fill up your caches - prep yourself for the next surge forward.
Because it's on the horizon.
Or maybe the atmosphere.
Dogecoin is going to the Moon.
Literally.
And it's not going to cost you a dime.
It's 9:03AM EST and we're at 82.94% of DOGEs found. Our Global Hashrate is seeing a massive spike from ~52 to ~65 Gigahashes per second and our Difficulty is also spiking from ~695 to a massive ~1275.
Looks like the multipools are back in force.
As always, I appreciate your support!
GoodShibe
If you have work you need done, please consider hiring a Shibe first from our BOOTSTRAP SERVICE ECONOMY
If you have skills to sell for Dogecoin or would like to hire a skill that's not on the above list - let me know in the comments and I'll add your request here.
If you want to build a team or have a project you want to move forward, let me know in the comments.
If you have an artist you want to shout out or work you think needs more attention, or sale on the way or a business on the rise... let me know in the comments.
Together, we rise, my friends!
Services on Offer
Help Wanted
Projects Starting
Projects Ongoing
Sales and Specials at Dogecoin Businesses
submitted by GoodShibe to dogecoin [link] [comments]

Futures Falls On Chip Carnage As World Await Brexit Verdict

Stocks in Europe faded early gains and S&P futures fell after a mixed session in Asia as chip stocks were taken to the woodshed on poor guidance from Nvidia and Applied Materials sparked fears that the chip bull run is over, while investors wondered whether China and America can de-escalate their trade war after mixed signals by US officials just days before the G-20 summit.

The euro failed to rebound while the sterling halted its biggest drop in 2 years after some of the most dramatic 24 hours yet in the Brexit process and another turbulent week for world markets. With reports of a UK leadership coup still rife and fear that the country could crash out of the EU without an agreement, cable struggled to rise above $1.28.

Meanwhile traders around the world were waiting for an outcome from the ongoing Brexit saga: “If and when a vote on the withdrawal agreement occurs is uncertain. Whether the withdrawal bill is passed by both houses of Parliament is uncertain,” Joseph Capurso, a senior currency strategist at CBA, said in a note. “Whether the Prime Minister resigns or is challenged for the leadership is uncertain. And, whether there is a second referendum and/or an election is uncertain.”
Fears over political turmoil in the UK and Italy dragged Europe's Stoxx 600 back into the red, set for its first weekly drop in three, trimming Friday’s gain as AstraZeneca's drop weighed on the gauge after a cancer-drug setback while telecom names were outperforming. Utilities started the session lower in the wake of yesterday’s ECJ decision which deemed the UK’s scheme for ensuring power supplies during the winter months as a violation of state aid rules. Other individual movers include Vivendi (+4.2%) sit at the top of the Stoxx 600 after posting impressive Q3 sales metrics and announcing a potential sale of part of their Universal Music Group division. Elsewhere, AstraZeneca (-2.3%) and Shire (-1.3%) have been seen lower throughout the session after both posting disappointing drug updates.
Not helping sentiment, ECB head Mario Draghi said the bank still plans to dial back its stimulus at the end of the year, but acknowledged the economy had hit a soft patch and inflation may rise more slowly than expected. “If firms start to become more uncertain about the growth and inflation outlook, the squeeze on margins could prove more persistent,” Draghi told a conference.
Earlier in the day, Asian shares ended the session in the red (MSCI Asia -0.2% to 151.52), led lower by declines in Japan, even as China and Hong Kong rose after initial reports the United States might pause further China tariffs were denied by Commerce Secretary Wilbur Ross who damped hopes of any imminent trade deal with China. The Nikkei fell 0.6% pressured by a drop in the USDJPY after China Mofcom began an investigation into alleged dumping of machine tools by Japanese firms. The Hang Seng (+0.3%) and Shanghai Comp. (+0.4%) swung between gains and losses after continued liquidity inaction by the PBoC which skipped Reverse Repos for a 16th consecutive occasion.
S&P futures were hit on fresh slowdown concerns, this time out of the semiconductochip space, after Nvidia gave a dire sales forecast, projecting a 20% drop in revenue while a disappointing outlook from Applied Materials indicated the chip industry is holding off on expansion plans in the face of a murky outlook for electronics demand. The chipmaking sector saw another bout of selling in Asia, wiping at least $11.2 billion in market value amid signals that demand for servers, personal computers and mobile is falling.

Also falling after hours were shares of AMD and Intel, dragging Nasdaq futures lower.
"It started with Apple, then Nvidia ... Since performances of these companies set the tone for the global tech and chip industries, related Japanese stocks will likely be sluggish for a while,” said Takatoshi Itoshima, a strategist at Pictet Asset Management.
The Bloomberg Dollar Spot Index was little changed after Fed Chairman Powell flagged his concern over potential headwinds for the U.S. economy, while the pound staged a modest rebound on reports that some pro-Brexit ministers decided to stay in their governmental posts. The pound gained as U.K. Prime Minister Theresa May defied demands to quit and amid reports her environment secretary wouldn’t resign, following the resignation of several ministers Thursday. The yen rallied as trade stress simmered, with investors trying to gauge whether China and the U.S. can de-escalate their dispute.
Also under water was the cryptocurrency Bitcoin, which hit a one-year trough overnight. It had tumbled 10 percent early in the week when support at $6,000 gave way. It was last changing hands at $5,500 on the Bitstamp platform.
Treasuries were steady while 10-year yields on German bonds were set for their biggest weekly fall in three weeks, in a sign that the Brexit uncertainty and worries about Italy’s finances, continued to support demand. Italian bonds edged higher even as European Commission Vice President Valdis Dombrovskis said in an interview with Il Sole 24 Ore that the country’s government was openly defying EU budget rules. Emerging-market currencies consolidated recent gains while oil prices extended their rebound.
Oil prices rose, helped by a decline in U.S. fuel stockpiles and the possibility of a cut in OPEC output. Brent (+1.3%) and WTI (+1.1%) are both in the green and continuing their rebound seen yesterday with WTI hovering around USD 57.00bbl. Energy newsflow remains light, post-yesterday's DoE report, however, Iraq’s North Oil Co. have announced that they have resumed Kiruk oil exports heading towards the Turkish port of Ceyhan. Looking ahead, the main highlight on the calendar will be the Baker Hughes rig count. Elsewhere, natural gas futures are relatively steady after their 19% decline yesterday which came in the wake of a 20% increase the day before.
In geopolitical news, US Republican and Democrat Senators filed a bipartisan bill seeking to suspend arms sales to Saudi Arabia in response to war in Yemen and killing of journalist. North Korean Leader Kim inspected test of new high-tech tactical weapons, according to Yonhap citing North Korean state media
Today's data include October industrial production and capacity utilization. Viacom is among companies reporting earnings
Market Snapshot
Top Overnight News
Asia-Pac stocks traded indecisively as the region lacked fresh catalysts and as uncertainty regarding Brexit and US-China trade played on investor’s minds. ASX 200 (-0.1%) and Nikkei 225 (-0.6%) were choppy with outperformance of tech and mining names in Australia overshadowed by a lacklustre broader market, while the Japanese benchmark was subdued by mild flows into the JPY and after China Mofcom began an investigation into alleged dumping of machine tools by Japanese firms. Elsewhere, Hang Seng (+0.3%) and Shanghai Comp. (+0.4%) swung between gains and losses after continued liquidity inaction by the PBoC which skipped OMOs for a 16th consecutive occasion, while participants were also tentative amid ongoing trade uncertainty after conflicting reports regarding the next round of China tariffs being placed on hold which USTR Lighthizer later denied. Finally, 10yr JGBs were mildly higher with prices underpinned amid an indecisive tone seen in stocks and with the BoJ also present in the market for JPY 680bln of JGBs in the belly to super-long end.
Top Asian News - China’s Kindergarten Crackdown Is the Latest Disaster for Stocks - Modi Is Said to Enlist Tata for Jet Airways Rescue Ahead of Vote - Philippines Shuts 3 Miners, Suspends 9 Others After Review - Indian Central Bank Board to Discuss Surplus Funds Transfer
European equities trade relatively flat (Eurostoxx 50 +0.2%) in the wake of mixed trade headlines overnight for the US and China. Performance across European indices is relatively equal whilst focus once again falls on the FTSE 100 (U/C) which remains at the whim of Brexit-inspired fluctuations in the GBP. Once again, potential upside for the index is being capped by losses in domestically focused banking names (RBS -3.0%, Lloyds -2.1%) as Brexit uncertainty continues to dampen investor sentiment. In terms of sector specifics, most sectors are trading higher with mild outperformance seen in telecom names. Utilities started the session lower in the wake of yesterday’s ECJ decision which deemed the UK’s scheme for ensuring power supplies during the winter months as a violation of state aid rules. Other individual movers include Vivendi (+4.2%) sit at the top of the Stoxx 600 after posting impressive Q3 sales metrics and announcing a potential sale of part of their Universal Music Group division. Elsewhere, AstraZeneca (-2.3%) and Shire (-1.3%) have been seen lower throughout the session after both posting disappointing drug updates.
Top European News
Currencies:
In commodities, gold (+0.2%) is trading relatively flat after hitting new weekly highs of USD 1218.39/oz earlier in the session; following uneventful overnight trade. Elsewhere, Shanghai Zinc prices have risen due to London Metal Exchange stockpiles falling to decade-low levels. Brent (+1.3%) and WTI (+1.1%) are both in the green and continuing their rebound seen yesterday with WTI hovering around USD 57.00bbl. Energy newsflow remains light, post-yesterday's DoE report, however, Iraq’s North Oil Co. have announced that they have resumed Kiruk oil exports heading towards the Turkish port of Ceyhan. Looking ahead, the main highlight on the calendar will be the Baker Hughes rig count. Elsewhere, natural gas futures are relatively steady after their 19% decline yesterday which came in the wake of a 20% increase the day before.
US Event Calendar
submitted by rotoreuters to zerohedge [link] [comments]

Rig of the day, First time miner.

Rig of the day, First time miner.
Hey, here is my rig, after watching you and Voskcoin i decided to take the jump and get started.
might not be the best setup but for my first rig and i am really happy with it.
4x Zotac 1070ti's
AX1200I power supply
ASRock H110 Pro BTC+ Board
G3930 Processor
120GB SSD Kingston
8GB DDR4 Ram
MiningCave 8 card rig Frame
only down side was shipping on the frame was almost as much as the frame to Australia but had the money to spend after good profits in Jan.
Getting 195-200 Sol/s on Bitcoin Gold, going to change to something else at months end and try to build a portfolio of different coins.
Using 630 watts but at $0.20 cents US the profit is low but in for the long hall!
Cheers

https://preview.redd.it/g3isr05z1fk11.jpg?width=3264&format=pjpg&auto=webp&s=29600024499f67c066a4728441790929bb43359b
https://preview.redd.it/hw6ud1k72fk11.jpg?width=2629&format=pjpg&auto=webp&s=c72979872e2925bad4544c09faacb31ac1af471f
https://preview.redd.it/lp7pqv302fk11.jpg?width=3264&format=pjpg&auto=webp&s=f144343cf8709d993b028a58a3e829c06646d783
submitted by ChimpBiscuitz to BrandonCoin [link] [comments]

Who is the team behind Bayan Token?

Sheikh Dr. Zaharuddin Abd Rahman — Chairman, Shariah Board
Sheikh Dr. Zaharuddin Abd Rahman who is a Managing Director of Elzar Group of companies (Elzar Shariah Solutions Sdn Bhd, Elzar Resources Sdn Bhd, Elzar Trading Sdn Bhd and K-Fiqh Sdn Bhd).
Dr. Zaharuddin served as an Assistant Professor at the Kulliyyah of Economics, International Islamic University Malaysia (IIUM) for more than 10 years. He obtained his degree from University of Malaya, MA in Shariah from Al-Yarmouk University, Jordan and PHD in Islamic Studies and Finance from University of Wales. He is also a certified Islamic Finance trainer and lecturer by The Markfield Institute of Higher Education, United Kingdom.
He has served RHB Islamic Bank Ltd, Malaysia as a Senior Shari’ah Manager & Product Development and later, joining Asian Finance Bank Ltd as Head of the Shari’ah Compliance. He has a vast experience in Shariah where he has served various institutions as Shariah Consultant and Advisor for Central Bank of Malaysia (BNM), OSK Investment Bank, Deutche Bank, Al-Rajhi Bank Malaysia, Standard Chartered Saadiq Bank, ACR ReTakaful Bahrain, BIMB Securities Sdn Bhd, BNP Paribas Bank and others.
To-date, he has written over 20 books and hundreds of articles on Islamic Jurisprudence and Islamic Banking and other Shari’ah matters in journal, including local and international magazines and conferences. He frequently appears in the local television and radio lecturing on various Shari’ah issues especially with regards to the Islamic commercial transaction. His Facebook page ‘Dr. Zaharuddin Abd Rahman’ has about 1.3 million followers.
LinkedIn: https://www.linkedin.com/in/dr-zaharuddin-abd-rahman-05a0195/
Mr Vince Focarelli — Ambassador
There was a time, whenever Vince Focarelli’s name was mentioned, it struck fear and hatred in the people’s heart, especially amongst the residents of Adelaide. That is not the case anymore. The former leader of the notorious gang ‘Comanchero’, he is now a transformed and completely different person after embracing Islam. Watch the interview with Vince about his journey to Islam. (https://www.youtube.com/watch?v=N2jcCxBwm9s)
Vince — now Imran Abdul Salam — is an active social activist, where he frequently gives motivational and inspirational talk about his journey to Islam. He is also actively involved in several humanitarian works such as organising a food convoy for the Yemeni refugees. He used to own and run a Halal Italian restaurant, La Fig Cucina in Adelaide, of which he wishes to expand its presence around the world.
Vince has been appointed as the Ambassador to Bayan Token as he shares the same aspirations and noble intentions of spreading good to the wider mass. An avid preacher of kindness and goodness himself, he is very excited and looking forward to do greater good through the Shariah compliant Bayan Token.
Facebook: https://www.facebook.com/Vince-Focarelli-1892643934346711/
Dato’ Zainal Abidin M Husain — Chairman
Dato’ Zainal Abidin was a name to be reckoned with in the banking and financial industry. He served as a Manager for eight years at Arab-Malaysian Merchant Bank Berhad before becoming the Head of Finance at Halim Securities Sdn Bhd.
He then made his leap of faith by founding Ikhtiar Destinasi Sdn Bhd. He has held many significant positions since then which include the Managing Director for Ikhtiar Factoring Sdn Bhd and Director for both Transpro Sdn Bhd and Ikhtiar Commerce Sdn Bhd.
At 56, he is still active and going strong, overseeing Ikhtiar Destinasi Sdn Bhd as its Executive Chairman. He graduated from University of Minnesota in Accounting and Idaho State University in Masters in Education (Business).
LinkedIn: https://www.linkedin.com/in/dato-zainalabidin-husain-267927aa/
Nazimuddin Nazaruddin — Chief Executive Officer
Nazimuddin graduated from Universiti Teknologi Mara (UiTM), completing his Association of Chartered Certified Accountant (ACCA) professional course. He is a member of ACCA and Malaysia Institute of Accountants (MIA), and is currently a Chartered Accountant by background. He kickstarts his career in a medium sized Audit Firm, Afrizan Tarmili Khairul Azhar (AFTAAS), and continue his auditing career to one of the Big Four firm, Deloitte Malaysia based in Petaling Jaya, leading and managing various client’s portfolio, from small to big entities.
Then he moved to Schlumberger KL Financial Hub as a Management Accountant, dealing with Financial Reporting and operational matters, taking care of Middle East area operations via working closely with Operation Controllers, specifically in Artificial Lift and Completions segment for Kuwait, UAE, and North Sudan. Currently he is practicing in his own firm Nazim & Co, an accounting firm under MIA, specializing in small medium entities portfolio’s.
He has vast experience and well verse in International and local financial reporting standards, international standards of auditing, financial reporting compliance, statutory and taxation matters, performance management and internal audit compliance.
LinkedIn: https://www.linkedin.com/in/nazimuddin-nazaruddin-acca-ca-m-3391b1aa/
Ameerul Zafeeq Hizamuddin — Chief Financial Officer
Ameerul Zafeeq is a chartered accountant graduated in 2010 from Kaplan Financial College, London. He started his career at Binder Dijker Otte (BDO) as an audit associate. He then moved to Accenture as Accountant before joining Royal Bank of Canada (RBC) as Fund Accountant to have a first-hand experience in investment field.
Ameerul was hired by Petronas Carigali as a Senior Executive in 2016. He was promoted to Assistant Manager and moved to Petronas Berhad. He specialises in business planning, forecasting, budgeting and reporting.
LinkedIn: https://www.linkedin.com/in/ameerul-zafeeq-hizamuddin-883224a3/
Adam Effendy Mustapha — Chief Operating Officer
Adam Effendy graduated from London School of Economics and Political Science in Bsc. Economics. Immediately after graduation, he was offered an executive position in UEM Group Berhad, serving both the Corporate Finance Department and the Managing Director’s office. He then moved to UEM Sunrise Berhad, gaining more experiences in the corporate world after serving total of three years in the Managing Director’s office and the Corporate Planning department.
Adam then decided to resign and started his own publishing house that has published ten books to-date; two of them were national bestsellers. After two and half years being an entrepreneur, Adam craves for new challenges and wants to learn something novel and exciting. He quickly jumped at the offer to join the team as he gets to enjoy the best of two worlds; Islamic finance and financial technology.
LinkedIn: https://www.linkedin.com/in/adam-e-mustapha-661011b1/
Muhamad Akif Akmal Abdul Aziz — Chief Technology Officer
A First-Class Honour graduate in B.Eng Electrical & Electronic from University of Adelaide, Muhamad Akif Akmal was an Electrical Engineer at Tarpon Energy Services Asia Pacific Sdn Bhd since 2014 before joining the team. He specialises in designing electrical system and instrument.
Akif is a crypto and blockchain enthusiast who has traded using various platforms such as Poloniex, Shapeshift, Remitano and LocalBitcoins. He also has experiences in building GPU mining rig and designing mining farm. He was also a back-end technology consultant for several ICOs.
LinkedIn: https://www.linkedin.com/in/muhamad-akif-akmal-abdul-aziz-19b22a73/
Zikri Zainudin — Chief Technical Analyst
A Financial Engineering graduate with 7 years of investment banking experience, Zikri Zainudin is a self-taught computer programmer. He applied complex algorithms and artificial intelligence to enhance the Z2 System into an integrated, advanced methodological application, designed for efficient stock picking, complex alerts and automated execution to support professional trading. It took more than 10 years to derive the methodology, which is now known as the Z2 Protocol.
Mr Steven Georgiadis — Legal Consultant
Steven Georgiadis is a highly acclaimed and seasoned Trial Attorney with 18 years of accomplished experience. With a combination of a scholastic and reformist approach, he has netted triumphant proficiency in investment banking, private banking, Mergers & Acquisition, private equity transactions, corporate finance and corporate governance. Commonly sought internationally by prestigious cliental, he has become a highly respected advisor and esteemed leader.
Steven, a graduate from Bond University, Gold Coast, Australian with Bachelor of Laws (LLB), has been solicited for his astute abilities in a vast array of legal disciplines including dispute resolution and in litigation for both hard and soft commodity sectors.
LinkedIn: https://www.linkedin.com/in/steven-georgiadis-06692768/
Mr Pierre Chuah — Marketing Expert
Pierre Chuah is a Digital Marketing Cloud Specialist with 20 years of experience. With a holistic digital experiences, he is able to understand and implement various digital marketing technologies for businesses.
Pierre started his career in KPMG Asia Pacific as an IT consultant in the implementation of SAP Finance solutions, for various companies in Malaysia and Singapore. Subsequently he led a team of 23 individuals in providing digital marketing consultancy to various multi-national companies such as Japanese Tobacco Industry (JTI), Carlsberg, Nissan, Cadbury, Kimberly Clarke, Mattel Toys, Adidas, Panasonic and many others in implementing digital marketing technologies.
Pierre joins Oranje-ISC as a Digital Director in the year 2014 having developed and implemented a 360-digital experience for Langkawi Island. Under his direction, Oranje-ISC was made finalist in ‘Marketing Excellence Awards 2017’. He is professionally certified by SAP, Google, Oracle and Adobe. He graduated from Warwick University, United Kingdom BSc Management Science and City University, London with MSc Information System and Technology.
LinkedIn: https://www.linkedin.com/in/pierre-chuah-18222861/
Dr. Said Adekunle Mikail — Shariah Expert
Dr. Said Adekunle Mikail is a researcher at International Shariah Research Academy for Islamic Finance (ISRA) and lecturer at International Centre for Education in Islamic Finance (INCEIF). His academic qualifications are distinguished; he graduated from Islamic University of Madinah with LLB (Shariah) and earned his Master’s Degree in Comparative Law from the International Islamic University of Malaysia (IIUM). He then obtained his PhD in Islamic Finance from the same university.
Dr. Said’s experience in Islamic Finance is extensive. He was the Shariah advisor for BNP Paribas (Islamic Banking Window, Malaysia) in 2015. He was appointed as the Shariah Consultant to I Consult Africa (PTY) Ltd. Ethical and Responsible Advisory, South Africa in 2016 and still serving them until now. He is also a Shariah Consultant under ISRA Consultancy Sdn Bhd, which has served a number of high-profile clients including the Central Bank of Malaysia.
Dr. Said holds a number of memberships in various esteemed bodies and organisations such as Al-Birr Investment and Credit Cooperative Society Limited (Chairman), Muslim Scholarship Fund of Nigeria (MSFN-Nigeria) (Partner), International Council of Islamic Finance Educators, Malaysia (Associate Member), Malaysia Institute of Management (Affiliate Member) and Malaysian Financial Planning Council.
Being conferred the 21st Yayasan Tun Razak Youth Leadership Award in 2016 and Shariah Scholarship Award by ISRA in 2011, Dr Said has produced many academic publications and reports, which are internationally recognised.
Dr Hameeth Shah Abdul Wahid — Biotech Project Expert
Dr Hameeth Shah Abdul Wahid completed his MBBS from the International Islamic University of Malaysia (IIUM) in 2004. He started his career as a young doctor in Hospital Besar Alor Setar. Since the early days, he has special interest in Internal Medicine that lead him to take up postgrad studies in the subject matter. Eventually he completed his postgrad studies and obtained membership of Members of Royal College of Physician (MRCP), United Kingdom in 2014.
Currently Dr Hameeth Shah is working as a Senior Lecturer at University Kuala Lumpur-Royal College of Medicine Perak (UNIKL-RCMP) and practicing as a Specialist in Internal Medicine at Pusat Pakar Perubatan Ar-Ridzuan in Ipoh, Perak. He also has special interest in cardiology and currently doing his fellowship in Interventional Cardiology.
LinkedIn: https://www.linkedin.com/in/hameeth-shah-67167445/
Siti Sarah Nadiah Suliman — Legal & Human Capital Director
Siti Sarah Nadiah is a qualified lawyer, whose vast experience in legal practice ranges from human rights, civil litigation, commercial and banking law.
Siti Sarah Nadiah graduated from UiTM with Honours Degree of Law and currently pursuing her Master’s degree in Islamic Finance Practice. She is also a Senior Associate Member of Chartered Institute of Islamic Finance Professionals (CIIF).
LinkedIn: https://www.linkedin.com/in/siti-sarah-nadiah-suliman-a16007159/
Noorashikin Zainal — Account & Finance Director
Noorashikin Zainal has a total of more than 17 years of experience in accounting. She has handled accounts of companies of various businesses and industries, which include healthcare, electrical and electronics, real estate and event management.
A graduate from UNITEN in accounting, Noorashikin’s last position was Account Manager at K-Fiqh Sdn Bhd.
LinkedIn: https://www.linkedin.com/in/noorashikin-zainal-b83686133/
Zainab Abdul Razak — Mart Operation Director
Zainab joined Zalora, Asia’s leading online fashion platform as Operation Executive in 2012 before moving to Lazada, Malaysia’s largest e-commerce store as Senior Operation Associate in 2014, focusing on the warehouse operation. Zainab is now entrusted with managing the whole operation of Elzar Mart, a retail halal supermarket that offers everyday items at a very competitive price.
LinkedIn: https://www.linkedin.com/in/dea-zainab-a193756b/
Dr. Siti Hajar Pahmi — Biotechnology Consultant
Dr Hajar completed her Bachelor’s degree in Biotechnology with First Class Honours in 2010 from the University of Queensland, Australia. The university, together with the Australian Government then funded her Ph.D in Medicinal Chemistry under the International Postgraduate Research Scholarship (IPRS) and the University of Queensland Centennial Scholarship, where she gained her doctorship in 2015. Whilst formal education is important to her, Dr Hajar also led and was heavily involved in multiple projects and events both in Australia and Malaysia.
Throughout her student years, Dr Hajar’s leadership and management skills shone when she held several important positions in the Malaysian Students’ Council of Australia (MASCA) from 2007 to 2014. She maintains a balanced life by being active in sports, and have competed competitively and socially in netball, futsal, basketball, ultimate frisbee, and touch rugby. She is a strong advocate for healthy living as she believes in “healthy heart, healthy life”.
LinkedIn: https://www.linkedin.com/in/hajar-pahmi-19ba3860/
Mohamad Shafiq Ezhan Khairulazli — Creative & Marketing Director
Mohamad Shafiq Ezhan has more than 10 years of experience in creative art and design. He is the founding partner and Creative Director of Talenta Holdings Sdn Bhd, whose clients include Petronas, Telekom Malaysia Berhad and Little Trees (a company based in the United States).
A graduate from UniKL MFI in mechatronics, Shafiq Ezhan’s experience also includes marketing and image and branding strategy.
Siddiq Mohd Amin — Shariah Secretary
Siddiq Mohd Amin graduated from University of al-Azhar, Cairo with a Bachelor in Shariah in 2016. An excellent student with Best Student Award in his third year, he immediately started his career with Elzar Shariah Solutions and Advisory upon his graduation as a Shariah Associate.
LinkedIn: https://www.linkedin.com/in/siddiq-mohd-amin-516b76162/
Professor Dato’ Dr Norbik Bashah Idris — Advisor
Dato Dr Norbik Bashah Idris is currently a Professor at Kulliyah of ICT in IIUM. He started his academic career in 1983 with UTM and has been attributed as one of the early pioneers of Cybersecurity in Malaysia.
Throughout his career, he has been a member of SIGSAC –(Special Interest Group on Security, Audit and Control) of the ACM (Association of Computing Machinery), IEEE Computer Society, New York Academy of Science, USA and IFIP Working Group-11.3 on Database Security (USA). As a cybersecurity professional, Prof Norbik carries CISSP & CISM certifications from ISC2 & ISACA.
In 1995 he led a team which won a strategic research grant from MOSTI to start the first major research work on Cryptography in Malaysia which produced a suite of indigenious cryptographic utilities. In 1998 Prof Norbik founded the first Real-time Software Engineering Centre of Excellence in Malaysia, where he collaborated with the University of Thales from Paris. The cybersecurity R&D team he led later became incorporated as a company which won a significant project from the Malaysian Government to help monitor security of government’s network throughout the country. The company later became the first public-listed company on Cybersecurity in Malaysia. Following his success in Malaysia, Prof Norbik repeated the success into other ASEAN countries and later into the Gulf countries (UAE & Saudi Arabia).
Throughout his career Prof Norbik has been a Keynote Speaker, Visiting Professor, Corporate Figure, Consultant & Advisor on Cybersecurity to various Organizations & Governments, both in Malaysia & international. He was nominee for 2007 Ernst & Young Best IT Entrepreneur, twice Distinguished ISC2 Award winner for Asia-Pacific, IDG Distinguished Chief Security Officer for Asia Pacific, winner of at least 7 Gold medals in various exhibitions and competitions on Cybersecurity products & services, and holder of a few patents.
Prof Norbik’s latest interest is in synergizing cybersecurity & DLT (Blockchain/Tangle) into Islamic Fintech products & services in the hope of contributing to the Maqasid Shariah.
LinkedIn: https://my.linkedin.com/in/norbik-idris-92102036
Mr Hj Khairil Anuar Mohd Noor — Advisor
Khairil Anuar has been an international banker for over 27 years, where the past 18 years has been in Islamic Finance. Over the course of his career as a banker, he has had a significant exposure and experience across a multitude of area including wholesale banking, syndications, trade finance, debt and capital market, asset management, retail banking, cash management, banking operation, system implementation and product management to name a few.
Khairil had helmed HSBC Malaysia’s and Bank Simpanan Nasional’s Islamic Banking Division. He then moved to Dubai serving Emirates Islamic Bank as its Head of Marketing. His last posting was the Head of Structuring, Product Management and Business Intelligence for Wholesale Banking Group at Al Hilal Bank, Abu Dhabi, where he served for almost 10 years.
From 2006 until recently, Khairil has been instrumental in developing the Islamic Finance capabilities of Al Rajhi Bank Malaysia, Mashreq Bank, Dubai and Al Hilal Bank, Abu Dhabi and Kazakhstan within wholesale, retail and operation setting. He graduated with MBA from Saint Louis University in Missouri, USA in 1987, where he also spent 2 years working for a premier stock broking firm there.
LinkedIn: https://www.linkedin.com/in/khairil-anuar-mohd-noor-77040313/
Mr Zuheer Mohammed Majid — Advisor
Zuheer Mohammed Majid is an experienced banker whose career spans over almost 30 years. Now a Senior Vice President in Citibank Malaysia Berhad, his journey in banking began when he joined United Malayan Banking Berhad (now RHB Bank Berhad) in 1986. He then became Assistant Vice President at ABN AMRO Bank Berhad before serving Hong Leong Bank Berhad as Manager for Trade Finance and Correspondent Banking.
Zuheer’s expertise across many areas in the industry had landed him the Senior Vice President post in Citigroup Transaction Services Malaysia Sdn Bhd, where in year 2000, he joined them to oversee the trade services/finance operations and advisory services. He graduated from Irvine University, California with an MBA.
LinkedIn: https://www.linkedin.com/in/zuheer-mohammed-majid-7a32301b/
Mr Hj Zainuddin Md Yusof — Advisor
A market trader with a background in statistics, Hj Zainuddin started trading the global markets in the 1980’s. Aside from having more than 30 years exposure to the global markets, specializing in the US equity market; he has spent thousands of hours testing and enhancing technical trading tools to develop a state-of-the-art proprietary trading system — the Z2 System — which combines technical and fundamental analysis to identify optimum trading opportunities using cutting-edge technology.
Mr Hj Zulhisham Ayob — Advisor
Haji Zulhisham is a top-notch seasoned player in the media and marketing communications industries. He has over three decades of working experience in Broadcasting and Marketing Communications prior to founding Oranje-ISC. Among others, he had served as the Chief Operating Officer in Radio Airtime Services, Executive Vice President Marketing for IT Vista and Executive Director of Pakarmedia Sdn Berhad.
Apart from media industry, Haji Zulhisham is an entrepreneur who founded the Home of TAHFIZ Darul Siddir — A specialist Islamic religious institutions serving and nourishing Islamic spiritual needs promoting mainstream learning of Islam based on the Quran and Sunnah, preparing for the future generations. Home of TAHFIZ Darul Siddir is committed to the dissemination of Islamic knowledge through the traditional time honoured methods for the Glory of Allah (Glorious and Almighty He is) and in honour of our Prophet Muhammad (peace and blessing upon him).
Another outfit founded by Haji Zulhisham is Twentytwo Multi-Labels Concept Store skewed towards offering Muslimah fashions. With more than 100 brands housed under one roof physically and digitally, Twentytwo provides trading, branding and marketing solutions to its business partners and variety of affordable designer brands suitable not only for Moslems, but those who desires to look fashionable and elegant yet dignified.
Mr Khairu Rejal — Advisor
Khairu Rejal has more than 10 years of experience in the venture capital and start-up incubation space, initially at the Nanyang Technopreneurship Center (NTC) and later at Majuven, a Singapore-based venture capital firm focused on early growth and high-tech companies in Bio-Technology, Healthcare, Clean-Sustainable Solutions and Dynamic Digital Convergences. In 2017, Khairu along with other like-minded angel investors came together to launch Rekanext Capital Partners.
Currently, in Rekanext, Khairu as a Managing Partner is always looking out for start-ups across Indonesia, Malaysia as well as Philippines and Vietnam with a focus on enterprise software and deep tech verticals. He also sits on several committees of other non-profit organisations and has led initiatives in the social impact sector.
LinkedIn: https://www.linkedin.com/in/khairurejal/
Mr Hj Che Salmi Che Ibrahim — Advisor
Che Salmi Che Ibrahim has been in the retail industry for the past 26 years. Starting with Sabasun Sdn Bhd, before it changed to its current household name; Sabasun Hyperruncit Sdn Bhd. A local entrepreneur with a global vision, at the moment he proudly owns three Sabasun hypermarkets and a warehouse, aiming to become more efficient in distributing its items.
Sabasun Hyperruncit Sdn Bhd will launch the Terengganu Halal Business Centre in January 2019, which will house the first ever Sabasun Mall, Parkson, a hotel, office units, F&B outlets with a bowling alley. Under Che Salmi’s leadership and dedication, Sabasun has won the Malaysian Ministry of Domestic Trade, Co-Operatives and Consumerism’s ‘Consumer’s Choice Award’ in 2009.
Che Salmi, a graduate in Psycholinguistics, is known not only for his skilful entrepreneurship, but also active in humanitarian and charity works. His Sabasun hypermarkets are famous among locals as it is able to cater the needs of the low-income earners. He is also known for organising fund-raising for people who are less fortunate in other countries like Palestine and Syria.
Madam Roseta Mohd Jaafar — Advisor
Roseta Mohd Jaafar started off her career in Corporate Communications with Mekar Idaman Sdn Bhd as a Senior Executive in 1997. Little did she know that she would flourish in that area and climb the corporate ladder at a rather fast pace. After Mekar Idaman, she moved to Intria Berhad as Assistant Manager before becoming Head of Corporate Communications at Opus International Consultants Limited just one year after that.
Roseta then advanced her career with UEM Group Berhad, as a Manager in the Corporate Communications department. After almost 2 years there, she then took a leap of faith to become the Vice President, Head of Group Corporate Communications and Public Affairs for EON Group Berhad in 2007. Her most lustrous career to-date was her 7-year and a half stint with Al-Rajhi Bank (Malaysia), as their Vice President, Head of Corporate Communications.
Now the Corporate Affairs Director at GCH Retail (M) Sdn Bhd, which owns over 120 Giant hypermarkets, 400 Guardian pharmacies and more than 16 Cold Storage supermarkets, Rosetta has in total more than 20 years’ worth of experience in Corporate Communications. She graduated from University of Leeds with BA (Honours) in TESOL and earned her Masters of Science degree in Corporate Communications from Universiti Putra Malaysia.
LinkedIn: https://www.linkedin.com/in/roseta-mohd-jaafar-5a75763/
submitted by BayanToken to u/BayanToken [link] [comments]

Nvidia GPU Mining Rig 7x1070 + 3x1070ti

Hey guys,
Selling our rigs here, based in Australia. Specs are here:
7x Gtx 1070 Gigabyte Gamign 8gb
3x gtx 1070ti Asus Cerberus
1x Asus B250 Mining expert Mobo
1x H110 Mining Expert Mobo
2x 4gb RAM team Elite
1x 120gb SSD
1x 60gb SSD
1x Intel Celeron G3930
1x Intel Pentium G4560
2x Cougar 1050W PSU Gold
1x Silverstone 850W PSU Gold
2x Mining Rig Frames
1x Wireless keyboard and mouse
1x Wifi Adapter
Rig includes everything needed to start mining.
Sad to sell but my landlord is afraid of crypto mining...
Photos here:
https://imgur.com/a/ruMRuIh
Cable management, I know :/
Looking for around $5300USD or $7200 AUD. Prefer Zencash, ZCash, Bitcoin or Ethereum.
Thanks!
submitted by turrgavi to MinerSwap [link] [comments]

Helping a cafe owner get started

Have had a couple of interesting conversations with the cafe that I get my daily coffee at. The owner has a friend that moved to the country (Australia) and runs a whole bunch of mining rigs to generate crypto.
This caught his interest and we had a series of conversations about what bitcoin and altcoins are. He then went and watched a documentary about it and this morning said that he wants to get some bitcoin.
I suggested the easiest way was probably for him to accept bitcoin (from me and presumably others).
However, I don't really have any clue as to the easiest way for him to accept bitcoin in this context (where he doesn't want to just convert it to fiat).
Does anyone have any suggestions for Apps, etc?
submitted by vert1s to Bitcoin [link] [comments]

Blockchain summit report: Day 1 - "Enterprise cloud"

previous days
`
Event details
Today was day 1 of the 2 day "International Blockchain summit" presentations. On every seat was a little bag that had 3 books about the Blockchain! Unfortunately they were all in Chinese.
http://imgur.com/jmkRYVj http://imgur.com/g66KeRD
`
Presentations summary
Whereas DEVCON2 was all about development, and leveraging the network effects of leveraging other projects in the ecosystem, the presentations today were VERY high level talks.
There was a massive stark difference between "the old guard" in the Fintech space, and the disruptors that are shaking things up.
Take a look at the BOC (Bank of China) and ChinaLedger presentations. They talk about how Distributed computing is dangerous. ChinaLedger go on to say that they need the power to be able to go in and halt transactions, modify smart contracts on the fly, liquidate accounts when they need. While also saying that they will make sure they will do everything to help privacy and use encryption… which only the Government can unlock ("Golden keys"?). It was the most centralised "Blockchain" I have ever heard of.
On the flip side I was inspired by the forward thinking of the Consensys presentation, and their long term vision for where to drive the Ethereum platform. They are helping to create open tools and platforms that will be leveragable by a multitude of projects (as demonstrated with Ujo and BHP project "Rai stones").
http://imgur.com/AXHw1Df
After the Consensys presentation, my 2nd favourite presentation was by Wanxiang labs "10 years to build a city", talking about how they plan on taking some land and creating from scratch a smart city powered by the blockchain and electric vehicles. While the other old guard are squabbling about how it is going to impact their "business as usual" profits, there were the new projects out there envisioning and disrupting.
The BHP presentation was also pretty cool, a great implemenation of using Blockchain to improve a business process.
`
Presentations
New Finance: Technical & Legal rules - BoC He is from bank of China. Entire presentation was him being scared and trying to justify why current Blockchain tech is an unregulated wasteland, and why there needs to be regulation from banks and government.
For Fintech they think Blockchain will not be successful without proper regulations Blockchain finance - it is distributed. Storing all of the transactions will take a lot of storage space. What to do once the transaction rates exceed what can be processed. Thinks that public distributed transactions will not be more than a toy like with Bitcoin. For real FinTech they need something different for a high frequency. Thinks that decentralisation should not be the core feature of Blockchains (due to transaction limit). Thinks it should be decentralised, not distributed.
Should be done with private consortiums. Needs legal rules and technical rules. They think that self rulemaking currencies (Bitcoin) can not be regulated. So need to stop them, to prevent bad things like money laundering. This is showing the loopholes brought about by Bitcoin. So when using digital currencies, they need certifications and tracking.
"We need more regulations and rules to facilitate the healthy development of this space. Only with support of regulations can new technology take off".
Me: I totally disagree… (if not already apparent)
Blockchain futures & realities - CSDC
China Securities Depository and clearinghouse
He was much more open minded and forward looking. Is a pep talk for "things are going to change", how are we going to use these new things. He said that he recorded it into English that should be able to be downloaded, would be worth watching if you are into this space.
Summary: Genie is out of the bottle, we need to embrace this and think how we are going to put the requirements of securities ("real name transactions") in a decentralised way. And the registration and tracking of assets to real names.
People have ideals because they are not happy with reality. Due to this dissatisfaction, people are passionate about trying to make that dream a reality. Need to play by the rules, or the market will be chaos. So now we have facilities law, regulations, etc. This forms the framework of China economic. This is very different from Blockchain. This is at odds to the distributed systems. Seems like we are dissatisfied with this, so trying to reconcile these differences.
All securities transactions need to follow "real name" transactions, but want to do this in a decentralised manner. Market cap is 54 trillion (of something in China). GDP is over 70 million
They are researching Blockchain, but not just in the lab. Need to find potential applications and use cases for it. If we want to implement Blockchain technologies, we need to see what the hurdles will be, so we can get closer to the ideal. As BoC speaker said, the number of transactions per seconds is HUGE. Daily may reach 10s of millions at its peak. How are we going to handle this with a theoretical framework. Need to start from the reality of China. And the reality is it is a giant country with a huge population, which depends on the capital market. If you just implement within a lab it is okay. But if it is going to be put into the industry, then we need to work with the government. We can't just get rid of the government, it is impossible (REVOLUTION!!). So need to focus on key senarios to tackle, as you can't just apply Blockchain everywhere simultaneously. Or all your efforts will fruitless. How to complement it initially, not replace it.
Ten years efforts to build a city (Wanxiang Labs)
Me: I reallly liked this presentation. I've been keeping notes for months around building this type of innovative city in Australia. I plan on rewatching this one again later.
Going to build a city in 10 years. An energy gathering city in HangZhou 10KM2. Their US company is starting to build new energy vehicle. 900m RMB? 90k people. Deploy the city into the cloud. Intelligent life, traffic & services. Everything will be connected. IoT, Internet, smart living, smart transport. Once this is successful, they plan on launching it across the world. Will publish their learnings. Launching incubators and accelerators. Their own cloud Blockchain as a Service. Many scenarios in this smart city that could utilise Blockchain. Distribution for Solar power. ID & Vehicle registration. Intelligent community services. Can promote a sharing economy throughout the community. Partnering with Microsoft, IBM, Consensys, Ethereum foundation, WeBank, AliCloud
Vitalik Buterin keynote
Talking of the progress China has made in Blockchain innovation in such a short period of time. He visited China 3 years ago and visited a number of Bitcoin companies and was impressed on the scale of what China had, much more than what was happening in USA. But all the focus was just on cryptocurrencies, not Blockchain technologies, Just mining. 2nd time, he saw some kind of experimentation happening with interesting things (like coloured coins?) 3rd time saw more interest in Blockchains. 4th? time, he did a hackathon with Wanxiang labs (event sponsor), and there were ~30 projects. The growth since then has been rapidly growing. The scale of projects we couldn't have imagined 3 years ago. Was just theoretical, now a lot of ideas are almost reality. e.g. Self-sovereign identity, instant settlement.
Hyperledger
https://www.hyperledger.org/ Goals. Build an opensource dev focused community of communities to build a hyperledger based solution. Create a family of "etnerprise grade" open source blockchain framework, platform & libraries.
Because it is an enterprise opensource project, they need to track contributions, patent details, etc. Is part of the Linux Foundation, which has 16 years of providing governance stucture support for major open source projects. 80 project partners. IBM, Intel, Accenture, JP Morgan, Airbus, ANZ bank, Cisco, etc. 20 of the 80 project partners, are based in China. Apache license v2.
A world or many chains. There will not be only one blockchain. There will be many public chians and millions of private chains. Each may use different consensus mechanisms.
Major projects are: Fabric: Developed by IBM. PBFT, moving to Raft and other pluggable consensus mechanisms. Written in Go. Sawtooth Lake: Proof of Elapsed Time. Runs on secure enclaves. Written in Python. Hyperledger explorer: GUI for navigating Fabric & swatooth lake. Fabric-py SDK. (Java proposed later).
Future: Smart contract engines. Portable identities. Will never see a "HyperCoin". It is about making Hyperledger a standard, and a governance group.
IBM keynote - IBM Blockchain & Hyperledger
Today if you want to do something in your business on Blockchain it is difficult. Hard to scale, issues with privacy. No Enterprise support. Need tools to write tests for smart contracts. Need good solution patterns. Difficult to scale up, especially around transaction rates.
Built Fabric to support "serious business" Permissioned blockchains can't scale. Every node shouldn't execute every transaction. The 2 peers that are interacting are the only ones that should execute. IBM has implemented this internally to resolve invoice disputes with their suppliers.
IBM
All the slides were in Chinese. Difficult to follow unfortuantely. The (original) Silk Road was important for trade. Blockchain may be just as important for trade in the future People are debating the need of distributed systems being an important thing of Blockchains, is it really necessiary? Blockchain should instead be focused on unblocking instead. IBM will provide an IBM certified docker container. IBM Blockchain. http://www-31.ibm.com/ibm/cn/blockchain/index.html Has a concept of a "shadow chain"?
Blockchain Platform @ Microsoft
At Devcon1 Microsoft announced Blockchain as a Service. Rolled out DevTest Labs to allow you to spin up public, private, permissioned, and consotrium blockchians quickly. Provisoin with 1 click. Mix & match from best available blockchain tech.
Bletchley: Open infrastructure, Enterprise capabilities. Microsoft is not building their own Blockchain.
Blockchain has some missing parts (identity, privacy, key management lifecycle, tools). Asked our partners what are the missing parts. A database in itself isn't an application.
(re)Announcing: Bletchley v1. 2 parts. Distributed infrastructure layer (Blockapps, R3, bitpay, parity, Eris). There isn't going to be 1 Blockchain to rule them all, so allow you to leverage any of them. Lots of customers were taking a long time trying to spin up private consortiums, and trying to secure them correctly. Used to take 3 weeks, now down to 8 questions and 5 minutes. Spins up a private Ethereum consortium. 4-100s of nodes.
Distributed middleware "fabric" layer. Tools that can work across many blockchain technologies. Cryptlets are a way of doing offchain processing. Receive market data based on an event (market price daily closing, CRM event). Need to have trusted execution of the logic, to attest that it was not tampered with. Secure IP protected algorithms. Scale an algorithm for max performance by running it off blockchain in a secure & attested way in the cloud. Oracles may be malicious, or they may be intercepted during transmission. Cryptlets run on a secure host with a secure communication channel in a trust envelope. Marketplace for publishing the cryptlets into a market for others to consume. Azure cloud is twice the size of Amazon & Google COMBINED.
Bletchley Cryptlet Fabric. Supports Ethereum, will support more Blockchains. It is middleware that will support many. Secure execution on demand. Standard way of publishing and accessing external resources.
BaaS roadmap. DevTest labs, will continue to onboard more. Bletchley v1. Kinakuta to help improve security. Bletchley SDK
Longer range implications of Ethereum & other decentralising technologies (Consensys) LOVED this presentation.
Simplest view: Next gen database. Blockchain based, maximal replication, Prevents rogue actors Force for universal disintermediation, will distrupt every industry. Previously it was mostly just Bitcoin. Future projects were "BitCoin 2.0", instead of "Blockchain 2.0". So Ethereum project built the most powerful and capable Blockchain platform, both public (permisionless) and private (permissioned) Deeply secure, non-repudiable shared source of truth. Dapp is a set of smart contracts. And a user interface to interact with it. Was important to get an initial version of Ethereum out into the hands of devs, to start thinking how to start building decentralised applications. Ethereum has a vision for scalability, which includes sharding and state channels. Privacy, state channels is one option. Zcash/zk-Snarks is another way.
Currently building out an ecosystem of decentralised applications. Building core components: Identity/persona (uPort, metamask). Wallet (uPort wallet). Registries (Regis, ENS). Token Factory. Do private enterprise Blockchains make sense? Yes, large entities can have a complex internal mix of business units, having a shared source of truth can help. If enterprises have their own private consortium Blockchains, will be a harder target to infiltrate and modify databases. Business processes emboided as state transition graphs.
If you plan on building your own tools or technology on top of Blockchain tech (public or private), build it on Ethereum so it can be reused in many different places by other entities running their private chains Developed "Balance" for real time compliance, accounting auditing and monitoring. Real time dashboard for companies & regulators. Organisations using certified software wil not be able to break or bend any financial accounting rules.
The Blockchain will last for years or decades giving a persistent database. Gives a chance to do persistent portable identity. uPort self-sovereign identity.
Blockapps Announcement
Is Ethereum for Enterprise. Partnered with Microsoft to announce Blockchain as a Service (BaaS). Over 1k projects have used it, over 300 customers. Being released in Azure China datacentre (mooncake), and other Chinese clouds : Alibaba cloud, tencent cloud, Wancloud. Initial China projects: Minsheng insurance, Wanxiang smart city, Qianhai smart city, Shanghai smart city. China is going to be the country leading the world in Blockchain projects.
The Rise of Blockchain Consortia: Uniting the Banking World
One of the largest banks in Spain. Banks are just a ledger (a very large ledger). Each bank has its own ledger. They don't trust each others. Which is why you need clearing houses and things like this. What if there was a shared ledger trusted by all banks. "It's not about the coin, its about the ledger.
`
New development of ChinaLedger: Forging a powerful tool for Chinese capital market in the FinTech era
Was literally the most centralised blockchain I have ever heard of. Please excuse me as I rant inline.
ChinaLedger is a consortium. 11 founders established it. Chinese financial institutions and Wanxiang labs. "we created our own Blockchain and tools". Will come up with their own custom software and implementation. Will create a whitepaper and create reference architecture. Partners will use the network to do transactions. Need facilities to be able to freeze or take over acounts, and get access to all data. A need to be able to halt or freeze a transaction or smart contract. A need to be able to halt or freeze a transaction or smart contract. and the facility to liquidate an account or smart conract or manually change the state of a smart contract We need to be able to stop the trading of certain stocks. Let regulators control things. Will be fully in control of the gas. Wants to support 100k/s and 1 ms latency.
Then ironically says tries to say they are going to put privacy into this. "Everything will be encrypted and private. Except that CCP & regulators who will have ability to read everything". I'm SURE that won't be abused…
http://imgur.com/Qt4qh3O You keep using that word... Blockchain, distributed ledger, privacy, encryption
Re-imagining Global Payments (For business)
Banks make a LOT of money from bank wires. So they have no incentive to come up with anything better. The person sending the money needs to give 26 pieces of information. Don't know when you'll get the money, what the rate will be. About $20 to send, $20 to receive, plus lose a few percentage through the conversion.
Their solution (for business payments). Register for an account, can use online. No fees. Transparent FX rate. Can track the payment. Uses Bitcoin in the middle. Before international calls used to call many $s per minute. Now with VoIP (Skype) you can do it for cents. Same thing will happen to international money transfers.
Enabling Global P2P Cash Transfers with Abra (For consumer)
https://www.goabra.com/ http://www.coindesk.com/abra-remittance-app-us-launch/
Nowadays you can send an IM to anyone else in the world instantly for free. Why can't you do the same thing with money? Can do it locally in some domestic markets, like paytm (india, WeChat pay (China), mpesa (Africa). But not for cross border transactions. iOS & Android. Real digital cash wallet. Send & receive globally. No FX risk. Add cash via bank or in person. As private as paper cash. Abra tellers earn $$ (as a percentage fee). The wallet is stored locally on the phone. So you "physically" control it. (need to back up your private key). Use an Abra teller (someone else using the app) to exchange buy/sell cash for digital cash. Anyone can be a teller. Tellers charge a fee. Teller & user rate each other. When 2 people send money each other via Abra, happens instantly, . No FX volatility.
Awaking the Sleeping Giant: The Natural Resource Industry and the Blockchain
Note: Hispresentation was in English, but I thought it was extremely considerate that he had his slides translated into Chinese as well. Every slide had simultaneous English & Chinese descriptions so that the attendees using the live translation headsets could follow along easier. If I ever present in another country again, I'll try and plan ahead like he did. Was very thoughtful.
Why is BHP interested in the Blockchain? They are the largest mining company in the world (natural resources mining, not Bitcoin mining. Hehe) They are a global distributed organisation. So a distributed Blockchain
Project Rai Stones. Sample tracking of geological samples. They are highly valuable resources. Some of the wells cost $100M, and you only get 1 chance to take the sample. They currently only track the samples manually through emails & spreadsheets. They are working with Consensys & Blockapps. Runs on Ethereum & IPFS, on top of Microsoft Azure. 1 node at BHP, 1 at their collaborator, 1 at their regulator. 3 roles in the business flow, BHP out in the field, the analysis team, and BHP corp. They create/register a smart contract on the network for each sample. When the person collects the sample, they go to the dashboard, click the checkboxes to say they acquired, that updates the smart contract. They ship it off, so they put in the details of which analysis office it is being sent to, updates state from collected to shipped. Analysis team can log in, see what samples are in transit to them to be analysed. They receive it, give it a unique Id based on their internal process. They get trusted tracking of samples, and real time updates.
What if they could automatically operate machines, they could help avoid bad combinations of machines operating at the same time. Like a crane operating on an oil rig, when a helicopter is coming in. Disable a piece of machinery if it is past its allowed usage before routine preventative maintenance. Disabled until it is tested, and certified as okay on the Blockchain. Stop unqualified people from using a tool or vehicle.
Ore gets mined and put onto shipping freighters. Need to track Provenance, custodians, entire supply chain.
Need to give regulatory data to the regulators in each country the operate in. All the mines in the industry need to submit this public data to gov, it all gets aggregated, and disseminated. But it costs HEAPS to do this. What if they built a consortium chain. They can all publish the public data, ready to be analysed instantly by peers. Could make the entire industry more effienct and transparent by making the consortium not just for the 1 country, but a public one. Give a global transparent view of the entire industry. Would help drop costs of compliance.
They started on Ethereum Mainnet & Testnet. Now they are seeing the emergence of many private chains. They will see the bridging between chains. Seen that Ethereum plans on sharding (many chains). Forsees that there will be a global mesh of these Public & Private chains all supporting each other.
Cotricity – “a prosumer to business”- virtual energy market on the Ethereum blockchain (Consensys)
https://co-tricity.com Energy meets Blockchain Joint venture between Consensys & an energy company in Germany. Energy sector is changing rapidly. Prosumer is someone with generative capacity (eg. Solar panels & battery storage). Normal smart meter collects usage about production & consumption. Tracked on Ethereum. Matches up Prosumers to local community things like Schools. The local environmental and economic benefits of keeping it in the local community.
Mechanism design, "reverse game theory". Goal is to effectiveise the energy market and reduce costs. Means creating incentives such that the optimal strategy for every participant results in the realisation of this goal. e.g. Help to smooth out the peak in the morning, give a small reward for not using energy in the morning
submitted by DavidBurela to ethereum [link] [comments]

Most recommended resources and further reading for a noobie?

I'm not a total noob, I know about how bitcoin works and have hobby mined it on and off with my gaming rig for a few years. My goal a few years back was to just get 1 coin for shits and giggles. Then when it hit about $400USD I remember thinking, meh, I should stop mining and just buy instead... boy, do i regret not doing that.
In any event, I have a small amount and am now obviously far more interested (and still mining). Exchange wise I'm on Coinjar (I'm in Australia - moved everything off of Coinspot), and mining wise I'm on nicehash.
I don't want to be one of those guys that doesn't sleep and keeps watching the price, but it is starting to look that way - so I am looking into pushover notifications instead and maybe other resources?
What resources you guys use for things like price tracking and notifications? Should I just be monitoring via Coinjar or using other sites/tools?
submitted by MaltMilchek to Bitcoin [link] [comments]

12-03 15:53 - 'Most recommended resources and further reading for a noobie?' (self.Bitcoin) by /u/MaltMilchek removed from /r/Bitcoin within 2150-2160min

'''
I'm not a total noob, I know about how bitcoin works and have hobby mined it on and off with my gaming rig for a few years. My goal a few years back was to just get 1 coin for shits and giggles. Then when it hit about $400USD I remember thinking, meh, I should stop mining and just buy instead... boy, do i regret not doing that.
In any event, I have a small amount and am now obviously far more interested (and still mining). Exchange wise I'm on Coinjar (I'm in Australia - moved everything off of Coinspot), and mining wise I'm on nicehash.
I don't want to be one of those guys that doesn't sleep and keeps watching the price, but it is starting to look that way - so I am looking into pushover notifications instead and maybe other resources?
What resources you guys use for things like price tracking and notifications? Should I just be monitoring via Coinjar or using other sites/tools?
'''
Most recommended resources and further reading for a noobie?
Go1dfish undelete link
unreddit undelete link
Author: MaltMilchek
submitted by removalbot to removalbot [link] [comments]

Alternate uses for a mining rig

Something that just occurred to me, as the LTC mining difficulty begins to ramp up:
For those of us that have invested, or are planning to invest in a mining rig, if LTC/BTC mining ceased to be profitable, what other uses would we have for our mining rigs?
Are there any other useful or interesting (Not necessarily profitable) things out there that could make use of excessive GPU power?
I ask simply because I'm considering getting a dedicated rig, rather than using my gaming computer to mine, and if the difficulty keeps ramping up the way it is, it may stop being profitable enough for it to be worth it. And given that a rig can cost a fair bit (especially in Australia), I'd hate to see all that go to complete waste.
tl;dr: Potential alternative uses for a bitcoin/litecoin mining rig. What would you do with your set up if you suddenly could no longer mine cryptocurrencies?
submitted by Maleckai to litecoinmining [link] [comments]

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HOW MUCH MONEY did $5,000 of Crypto Mining Rigs Earn in ...

Donations for any help appreciated :) 1PMrJ6TmkHwKVoChpuBpsjttoH8yEK9C8m Just to actually show you how silent this is - nothing compared to my 2011 rig with ... What are the BEST BITCOIN MINING RIGS in 2020?! Let's review the best Bitcoin miners and their profitability. Bitmain just released the Antminer S19 and S19 ... Grüßt euch! In Teil 1 der 6teiligen How to build a Mining Rig Serie zeige ich euch, was ihr für Hardware benötigt und welche ich selbst gekauft habe. Alles W... Install Raid for Free IOS: https://clik.cc/lZAiM ANDROID: https://clik.cc/I3nBm Start with💰50K silver and join the Special Launch Tournament for a chance... Here is the followup to my custom HVAC cooling solution video. Here I briefly show the insides of our mining rig setup.

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